Inoculating Relevance Feedback Against Poison Pills

The Reputational Impact of Corporate Governance: the Case of Poison Pills

Does real-time reporting deter strategic disclosures by management?

Over the last decade, the SEC has taken a number of steps to move towards a realtime reporting regime in an effort to deter strategic accumulation of news disclosures by management. However, evidence from theoretical literature suggests managers are still able to engage in strategic bunching of within-firm disclosures under a real-time reporting regime if managers have control over the timing o...

Document Image Retrieval Based on Keyword Spotting Using Relevance Feedback

Keyword Spotting is a well-known method in document image retrieval. In this method, Search in document images is based on query word image. In this Paper, an approach for document image retrieval based on keyword spotting has been proposed. In proposed method, a framework using relevance feedback is presented. Relevance feedback, an interactive and efficient method is used in this paper to imp...

The Honorable Barbara

The staff of the Federal Trade Commission is pleased to respond to your letter of April 7, 1989, inviting our comments on House Bill 165. 1 The bill would add sections 11.75 to the Business corporation Act regulating certain business combinations and amend Section 6.05 of the Act specifically authorizing "poison pills." We believe that these provisions are likely to deter takeovers that may inc...

On the Use of Poison Pills and Defensive Payouts by Takeover Targets*

On August 4, 1998, Allied Signal announced a $44.50 per share unsolicited takeover offer for AMP Incorporated. Upon the announcement, the stock price of AMP increased by 49%, from $28.625 to $42.5625. AMP’s management, armed with a poison pill plan and Pennsylvania antitakeover statutes, rejected the buyout offer. However, over the following few weeks, 72% of AMP’s shareholders chose to tender ...